KBE ETF

The 'Fast Money' traders talk the impact of Trump's reelection on the financial sector.

KBE, XLE, ITA, CRPT and RSHO are included in this Analyst Blog.

Ratings agency Moody's on Monday changed its outlook on the United States' banking system to stable from negative, saying that the change reflects expectations that interest rate cuts and sustained moderate economic growth will stabilize bank asset quality and drive profitability.

CNBC's Leslie Picker and Gabelli Funds' Macrae Sykes, joins 'Power Lunch' to discuss Big Bank earnings and their outlook for the sector.

That's because many have significant holdings of commercial real estate (CRE) properties that, if valued at current market rates, would wipe out the banks' net worth. Many vulnerable banks have been able to avoid this fate—up until now—by conspiring with their mortgage lenders to engage in a practice known as “extend and pretend.

Global markets were rocked as the Japanese Yen carry trade unwound, along with the TOPIX market's worst session since 1987. US banks succumbed to global selling pressure, with the KBE US Bank ETF down 2.5% in trading on August 5. KBE ETF offers exposure to the bank segment of the S&P total market index, moderate-sized with $1.9 billion in assets under management.

Donald Trump displayed bold resilience after surviving an assassination attempt at a Pennsylvania rally. This has led to a Trump rally.

Carter Worth, Worth Charting founder and CEO, joins 'The Exchange' to discuss bank earnings, stocks to watch, and more.

Earnings season is just around the corner. It could prove critical to justifying the record rally we've seen thus far in 2024.